194 Oakleaf CirHemphillTX75948
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Hemphill at 194 Oakleaf Cir, Hemphill, TX, 75948 priced at $237,000 converts $1,558/mo rent into after a $1,160/mo obligation. Total monthly income equals $1,558/mo. Return on cash invested prints 17.96% in year one, and rental yield reads 7.89% against a $237,000 entry. Equity gained on principal adds $1,529/yr, while 5% annual appreciation compiles into $65,479 by year five. Five-year ROI reaches 93.64% and total cumulative return in cash sums $73,568. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,558/mo property income covering a $1,160/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75948, Hemphill, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,133 (100%) |
| Owner Occupied HU | 2,405 (46.9%) |
| Renter Occupied HU | 357 ( 7.0%) |
| Vacant Housing Units | 2,371 (46.2%) |
| Median Home Value | $223,169 |
| Average Home Value | $281,982 |
Housing Distribution
Address Breakdown
Residential
3,413
Single Family
3,413
Multi-Family
0
Businesses
324
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